Gemalto adds new tokenization options to its Trusted Services Hub

gemalto_tokenGemalto has added new key capabilities to its Allynis Trusted Services Hub for tokenization based payment services. For banks and payment service providers that look to create a seamless mobile payment experience, Gemalto say they are bringing the most complete and integrated solution, from the mobile tokenization gateway all the way to the client-server architecture for provisioning and processing payment security.

Available in software-as-a-service (SaaS) mode, Gemalto brings a modular solution needed to enable real-time enrolment of payment cards, homogeneous distribution to diverse devices and simplified on-boarding of business partners. The expanded hub service offers simplicity and choice with regards to available security models, covering management of credentials on Secure Elements, Trusted Execution Environment (TEE) and HCE-enabled handsets, or a combination. Gemalto brings the leading security expertise to help issuers deploy their mobile banking and payment plans, easing the back office processes and the need for costly integrations to existing systems, while maintaining flexibility to upgrade security levels at any time to match risks.

“We envision that mobile payment technology will come in many flavors and deployments will vary from country to country with combinations of embedded secure elements, multitenant SIM and HCE,” commented Jean-Claude Deturche, Senior Vice President of Mobile Financial Services at Gemalto. “By converting sensitive card credentials into limited-use digital data, tokenization simplifies mobile services on-boarding process, addresses the real-time provisioning needs that banks have been asking for, and offers more choices towards delivering a better mobile payment experience. Drawing on our in-depth mobile security experience, we designed a future-proof and versatile solution to maximize the reach and performance of our Trusted Services Hub on all available devices. Our role is to advise and support our customers through their choice, implementation roadmaps and risk management needs.”

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Categories: Tokenization, Trusted Secure Management

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